International Sugar Journal

Preferential sugar imports of the EU [Full subscriber]

We use a spatial price equilibrium model to simulate preferential imports of the EU in 2019/20. A number of investment projects in beneficiary countries of the preferential schemes are underway. We analyze the effects of the increased production level of LDC (Least Developed Countries) and ACP (Africa, Caribbean and Pacific) countries induced by these projects on total imports of the EU and on imports from individual countries. We find that aggregate imports do not change significantly, but individual trade flows do. Due to the abolition of quota restriction for LDC and ACP countries, the internal price of the EU is…

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